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Topic: Bitcoin or gold? - page 222. (Read 984470 times)

sr. member
Activity: 1876
Merit: 264
March 13, 2017, 11:16:08 AM
Both, because both are very valuable in my opinion, where the price of gold is sometimes the price goes up so does bitcoin.two invaluable
hero member
Activity: 2870
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March 13, 2017, 10:56:27 AM
Bitcoins easily. Who invests in gold these days? Only people 50+ in my experience.

When my generation, the Millennials, wants to invest in a safe haven assets some time in the future, I think they will go for an asset that is more limited, transportable, divisible, fungible, easier to secure and easier to trade than gold, namely BTC. Not to say that bitcoin has greater potential than gold, which seems to go nowhere in terms of value.

i think people still know gold rather than bitcoin because they can see the physic of gold than bitcoin and we can see that gold is the best investment for them. but if they know about bitcoin, i think they will choose bitcoin than gold. and if bitcoin is introduce to more people, maybe bitcoin will become famous as the same as gold too.
newbie
Activity: 14
Merit: 0
March 13, 2017, 10:39:33 AM
Bitcoins easily. Who invests in gold these days? Only people 50+ in my experience.

When my generation, the tech savvy Millennials, wants to invest in safe haven assets some time in the future, I think they will go for an asset that is more limited in supply, more transportable, divisible and fungible, easier to secure and easier to trade than gold, namely BTC. Not to say that bitcoin has greater potential for price appreciation than gold, which seems to go nowhere in terms of value.
sr. member
Activity: 338
Merit: 250
March 13, 2017, 10:29:22 AM
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I would choose bitcoin especially when compared to gold is stored for a long period of 10 years it is advantageous when storing bitcoin than gold, because its price bitcoin in ten years has multiplied the rise
sr. member
Activity: 294
Merit: 250
March 13, 2017, 09:54:22 AM
Gold= Nature Made
Bitcoin= Computer Generated crypto currency
For me when we're talking about long long term. I'll choose gold cause it's been around in this world long before us. If a catastrophy will happen that will cause the whole internet to be down. Bitcoin will be no more.

On a long term people will choose gold but have you ever seen gold's value increasing like the value of bitcoin ? Gold is stable and yes if you need lesser profit on a longer run then you can go for gold but if you need huge profit under lesser span then bitcoin is the best way because if we compare the value of bitcoin which was around 400 USD before 18 months but now it has almost tripled so the risk takers who wants quick profit will go for bitcoin and safe players who do not want to experiment anything will go with the gold and by the way bitcoin has gained stability now.
hero member
Activity: 648
Merit: 502
March 12, 2017, 08:08:32 PM
Gold= Nature Made
Bitcoin= Computer Generated crypto currency
For me when we're talking about long long term. I'll choose gold cause it's been around in this world long before us. If a catastrophy will happen that will cause the whole internet to be down. Bitcoin will be no more.
legendary
Activity: 3514
Merit: 1280
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March 12, 2017, 01:58:36 PM
I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.



Wow! you saw that? was it a prophecy or prediction of yours? Though, I believed bitcoin will really get higher in the near future but not thinking in the amount what you said 100millions each. Though nothing to loose if I hold on to it, but as of the moment I will also rather go into bitcoin not in gold, due to the volatility of bitcoin has. Cheesy

Bitcoin has unexpected value it means that they can reach high value in unexpected time meanwhile gold value almost stable and keep increasing but the value can't compete bitcoin's recently

But still bitcoin consider as risky investation compare if you invest on gold ( better option )
I agree. Gold is a better option for people or kinda like of person that want to invest in a safer field and also want that stable price that the gold provides. Bitcoin is very risky because it is still young and it is very vulnerable by the news or rumors so the price is not stable and you can't loss or win anytime because there is no assurance on what will happen in the next few days.
The prices of gold does not increase for many years. The increasing which you have seen is the results for the inflation happening to FIAT. Gold is good. It has been recognized and used for thousands of years. However, opportunity came and gave us Bitcoin. We must take our chance and buy Bitcoin. If you want to be rich in the next 20 or even 10 years, Bitcoin is always the best option

Gold bugs will surely disagree with your stance

They would claim that gold prices are artificially subdued through gold market manipulation. They of course don't mean direct manipulation which is closer to machination but rather influencing the price of physical gold via the amount of paper gold (though it may in fact cut both ways, i.e. suppress prices as well as support them). Another their point is that they think that if fiat (more specifically, the US dollar) starts to devalue heavily, the price of gold will rise significantly higher that fiat will devalue (in relative terms). The logic behind this assumption is that people will massively run into gold from the US dollar (which is being used as a store of value presently) and therefore the relationship won't be linear
sr. member
Activity: 258
Merit: 250
March 12, 2017, 01:49:17 PM
I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.



Wow! you saw that? was it a prophecy or prediction of yours? Though, I believed bitcoin will really get higher in the near future but not thinking in the amount what you said 100millions each. Though nothing to loose if I hold on to it, but as of the moment I will also rather go into bitcoin not in gold, due to the volatility of bitcoin has. Cheesy

Bitcoin has unexpected value it means that they can reach high value in unexpected time meanwhile gold value almost stable and keep increasing but the value can't compete bitcoin's recently

But still bitcoin consider as risky investation compare if you invest on gold ( better option )
I agree. Gold is a better option for people or kinda like of person that want to invest in a safer field and also want that stable price that the gold provides. Bitcoin is very risky because it is still young and it is very vulnerable by the news or rumors so the price is not stable and you can't loss or win anytime because there is no assurance on what will happen in the next few days.
The prices of gold does not increase for many years. The increasing which you have seen is the results for the inflation happening to FIAT. Gold is good. It has been recognized and used for thousands of years. However, opportunity came and gave us Bitcoin. We must take our chance and buy Bitcoin. If you want to be rich in the next 20 or even 10 years, Bitcoin is always the best option

Yes, you are right - gold now will not give such profit as bitcoin. Therefore, those who want to multiply their capital should buy bitcoin, not gold. But I can not say that gold is a bad option. No, it will be valuable for many more years
legendary
Activity: 1190
Merit: 1000
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March 12, 2017, 11:52:32 AM
Bitcoin is worth much more than other portions of currencies only because there is a really quick transactions with the payment platform.
Now having Gold as a competitor to Bitcoin wouldn't be any challenge to Gold because Gold is already used beyond currency like Jewelry plus it is used with other products that you see in the stores as well. So that means that Gold has a larger chance of lowering the amount of Gold that is out in the world today because people will be using it more. Bitcoin doesn't have that kind of option.
hero member
Activity: 518
Merit: 500
March 12, 2017, 11:16:58 AM
I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.



Wow! you saw that? was it a prophecy or prediction of yours? Though, I believed bitcoin will really get higher in the near future but not thinking in the amount what you said 100millions each. Though nothing to loose if I hold on to it, but as of the moment I will also rather go into bitcoin not in gold, due to the volatility of bitcoin has. Cheesy

Bitcoin has unexpected value it means that they can reach high value in unexpected time meanwhile gold value almost stable and keep increasing but the value can't compete bitcoin's recently

But still bitcoin consider as risky investation compare if you invest on gold ( better option )
I agree. Gold is a better option for people or kinda like of person that want to invest in a safer field and also want that stable price that the gold provides. Bitcoin is very risky because it is still young and it is very vulnerable by the news or rumors so the price is not stable and you can't loss or win anytime because there is no assurance on what will happen in the next few days.
The prices of gold does not increase for many years. The increasing which you have seen is the results for the inflation happening to FIAT. Gold is good. It has been recognized and used for thousands of years. However, opportunity came and gave us Bitcoin. We must take our chance and buy Bitcoin. If you want to be rich in the next 20 or even 10 years, Bitcoin is always the best option
legendary
Activity: 3038
Merit: 1024
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March 12, 2017, 09:54:50 AM
This question gives me anxiety at the simple thought of putting everything that I own into one single type of asset. However, if I absolutely had to pick, I would choose gold because gold is purely a store of value, whereas bitcoin is used for all manner of things and is not stable for that huge of investment.
Because the gold is the main commodity in the world but honestly i hate the domination has made by the bank in the gold ecosystem in this time.
member
Activity: 66
Merit: 10
March 12, 2017, 04:15:37 AM
This question gives me anxiety at the simple thought of putting everything that I own into one single type of asset. However, if I absolutely had to pick, I would choose gold because gold is purely a store of value, whereas bitcoin is used for all manner of things and is not stable for that huge of investment.
hero member
Activity: 2590
Merit: 644
March 12, 2017, 03:53:21 AM
I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.



Wow! you saw that? was it a prophecy or prediction of yours? Though, I believed bitcoin will really get higher in the near future but not thinking in the amount what you said 100millions each. Though nothing to loose if I hold on to it, but as of the moment I will also rather go into bitcoin not in gold, due to the volatility of bitcoin has. Cheesy

Bitcoin has unexpected value it means that they can reach high value in unexpected time meanwhile gold value almost stable and keep increasing but the value can't compete bitcoin's recently

But still bitcoin consider as risky investation compare if you invest on gold ( better option )
I agree. Gold is a better option for people or kinda like of person that want to invest in a safer field and also want that stable price that the gold provides. Bitcoin is very risky because it is still young and it is very vulnerable by the news or rumors so the price is not stable and you can't loss or win anytime because there is no assurance on what will happen in the next few days.
newbie
Activity: 46
Merit: 0
March 12, 2017, 03:09:57 AM
Like gold, bitokoyn can easily be divided into small parts that retain the properties of the whole (homogeneous), their number is clearly defined and limited, the volume of growth is predictable and depends on some completely different factors than the decisions of the central bank. Compared to gold and paper currencies, bitkoyn is very young, and therefore it is not easy to answer the question whether bitcoins can be a means of preserving value in the long term. Despite the considerable risks, bitcoin, as an investment, has many advantages characteristic of gold; Its best properties have not yet been evaluated on merit, since the bitcoin structure is difficult to understand and little studied. Nevertheless, unfortunately, today there is no universal mechanism for investors wishing to play for the volatility of the courses, without buying the bitkoy themselves, therefore, before deciding on such operations, it is necessary to take into account the high prices and other problems of existing funds .
legendary
Activity: 2030
Merit: 1028
March 12, 2017, 03:33:00 AM
I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.



Wow! you saw that? was it a prophecy or prediction of yours? Though, I believed bitcoin will really get higher in the near future but not thinking in the amount what you said 100millions each. Though nothing to loose if I hold on to it, but as of the moment I will also rather go into bitcoin not in gold, due to the volatility of bitcoin has. Cheesy

Bitcoin has unexpected value it means that they can reach high value in unexpected time meanwhile gold value almost stable and keep increasing but the value can't compete bitcoin's recently

But still bitcoin consider as risky investation compare if you invest on gold ( better option )
sr. member
Activity: 252
Merit: 250
March 12, 2017, 03:00:28 AM
which certainly aya will choose bitcoin of gold investing, because when we are at the same store between gold and bitcoin in five years, the bitcoin who will give you a big profit because bitcoin, bitcoin prices annually kaena elalu increased significantly
hero member
Activity: 1092
Merit: 501
March 12, 2017, 12:16:44 AM
I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.



Wow! you saw that? was it a prophecy or prediction of yours? Though, I believed bitcoin will really get higher in the near future but not thinking in the amount what you said 100millions each. Though nothing to loose if I hold on to it, but as of the moment I will also rather go into bitcoin not in gold, due to the volatility of bitcoin has. Cheesy
full member
Activity: 206
Merit: 100
March 10, 2017, 01:33:50 PM
For right now, bitcoin. Honestly, I don't even think bitcoin will outperform gold on like a, 25/week average, but volatility will see 1300 btc before gold sees the same. Especially when the stock market corrects, after all this enthusiasm over possible deregulation and corporate tax cuts on Wall Street. With that being said, I have never seen gold, btc and the USD move in lockstep like this. Something is going to have to give, and for once, I think it's going to be the USD instead of BTC. With the current state of the Union, the USD isn't quite the sure bet it used to be, at least for investors.

Like Buffett said, it's silly to bet against America.
Yes, but I'm pessimistic it can survive for long time. The best way is to take advantage, we all know bitcoin can profit up to 100% in a year, but there still have risks, we must to understand and do not only rely on bitcoin. Gold investment is no doubt again so, I will chose gold as the top priority.


It seems to me that you have made the right choice. Analysts say that soon gold will be in a trend and its price will be higher.
But I have not yet acquired gold. Although I have a desire to do this
member
Activity: 60
Merit: 10
March 10, 2017, 10:44:08 AM
Bitcoin. Gold will hold its purchase value if something goes wrong with the US dollar, while bit coin will skyrocket if something goes wrong with the US dollar. 

Bitcoin will probably skyrocket and gold will hold steady even if things are fine in the US due to everybody already knowing about gold, and adoption of bit coin driving prices.

Bitcoins are easier to smuggle across borders.   Any situation where gold is more useful than bit coin, a good tight community with lots of farmland and bullets is even more useful than gold.
full member
Activity: 238
Merit: 100
March 09, 2017, 10:52:59 PM
For right now, bitcoin. Honestly, I don't even think bitcoin will outperform gold on like a, 25/week average, but volatility will see 1300 btc before gold sees the same. Especially when the stock market corrects, after all this enthusiasm over possible deregulation and corporate tax cuts on Wall Street. With that being said, I have never seen gold, btc and the USD move in lockstep like this. Something is going to have to give, and for once, I think it's going to be the USD instead of BTC. With the current state of the Union, the USD isn't quite the sure bet it used to be, at least for investors.

Like Buffett said, it's silly to bet against America.
Yes, but I'm pessimistic it can survive for long time. The best way is to take advantage, we all know bitcoin can profit up to 100% in a year, but there still have risks, we must to understand and do not only rely on bitcoin. Gold investment is no doubt again so, I will chose gold as the top priority.
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